Mytilineos Holdings

The fourth consecutive day of gains at the Athens bourse gave the the benchmark its biggest advance as it climbed close to the 800-point mark, in line with most other markets that were open on Monday. Turnover topped 50 million euros despite the fact that major markets such as those of the US, Hong Kong and China were closed due to holidays.

Athens-listed Mytilineos SA said on Thursday its 2020 operating profits remained unchanged at 2019 levels, despite the pandemic.

The Greek stock market's lowest trading volume of the last 13 sessions saw the benchmark suffer moderate losses on Thursday after three days of gains, as traders again appear reluctant to commit themselves to purchases until the picture regarding the coronavirus tempest clears.

Six candidates have expressed their interest in a tender to buy Larco General Mining & Metallurgical Company assets, including the leasing of the mining complex in Larymna.

According to information, the six candidates were: GEK Terna, Tharisa Plc, Mytilineos Group, Solway Investment Group, Trafigura Group Pte, and Commodity and Mining Insight Ireland Limited.

The Hellenic Republic Asset Development Fund SA (TAIPED) announced on Monday that six interested parties have submitted expressions of interest for the lease of a number of Larco General Mining & Metallurgical Company assets, namely its Larymna smelting plant, the Larymna and Loutsi mines and relevant mining rights, and other assets owned by the Greek state.

This Friday is the deadline for bids in the final stage of the tender for the extension of Pier 6 of Thessaloniki Port Authority (OLTH).

The market's focus on the sovereign bond issue left the field wide open for sellers on the local bourse - and they took full advantage of it. Stocks suffered significant losses, again led by the bank sector. It had been expected by many that stocks were set to fall in Athens and the rest of Europe, due to rising concerns over vaccine supplies.

State privatization agency TAIPED will grant short-listed bidders the right to submit binding financial offers for the concession of Egnatia Odos by April 1, after not submitting their offers by the December 11 deadline.

The Greek bourse hit the ground running on the first trading day of 2021 on Monday, with prices growing as the session progressed and the closing auctions taking the benchmark above 820 points for the first time in almost 11 months. This time it was mainly energy stocks and other non-bank blue chips that led the index higher.

Mytilineos on Monday announced the acquisition of a 50-megawatt solar energy project in Spain (the Jaén photovoltaic project) from Viridi RE.

The project is located in the Municipality of Jaén (Andalusia), an area with significant sunshine in southeastern Spain.

It is ready for construction, which is planned for the first quarter of 2021.